Tag Archives: disappear

What happens when millions of dollars of bitcoin and other cryptocurrencies disappear?

Buy, sell, or steal.JUSTIN TALLIS/AFP/Getty Images Tether, the company behind a cryptocurrency that’s pegged to the U.S. dollar, disclosed in a now-deleted announcement that hackers transferred almost $31 million worth of tokens from its treasury to an unauthorized bitcoin wallet on Sunday. Tether claims it has updated its software to prevent the tokens from leaving […]

Founders disappear with $375,000 and delete website

An ICO is the latest way for cryptocurrency start-ups to raise money by issuing their own digital tokens in exchange for a virtual currency like ether or bitcoin. Investors don’t get a stake in the company, but the tokens they receive can be traded or used on a service provided by the platform. ICOs have […]

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